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Bankruptcy assistant vs bankruptcy paralegal

The differences between bankruptcy assistants and bankruptcy paralegals can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a bankruptcy assistant and a bankruptcy paralegal. Additionally, a bankruptcy assistant has an average salary of $62,179, which is higher than the $55,485 average annual salary of a bankruptcy paralegal.

The top three skills for a bankruptcy assistant include pacer, pleadings and bankruptcy court. The most important skills for a bankruptcy paralegal are pacer, litigation, and debtor.

Bankruptcy assistant vs bankruptcy paralegal overview

Bankruptcy AssistantBankruptcy Paralegal
Yearly salary$62,179$55,485
Hourly rate$29.89$26.68
Growth rate14%14%
Number of jobs2,1397,259
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 47%
Average age4646
Years of experience1212

Bankruptcy assistant vs bankruptcy paralegal salary

Bankruptcy assistants and bankruptcy paralegals have different pay scales, as shown below.

Bankruptcy AssistantBankruptcy Paralegal
Average salary$62,179$55,485
Salary rangeBetween $40,000 And $95,000Between $30,000 And $102,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between bankruptcy assistant and bankruptcy paralegal education

There are a few differences between a bankruptcy assistant and a bankruptcy paralegal in terms of educational background:

Bankruptcy AssistantBankruptcy Paralegal
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 47%
Most common majorBusinessLegal Support Services
Most common collegeTexas Wesleyan UniversityUniversity of Pennsylvania

Bankruptcy assistant vs bankruptcy paralegal demographics

Here are the differences between bankruptcy assistants' and bankruptcy paralegals' demographics:

Bankruptcy AssistantBankruptcy Paralegal
Average age4646
Gender ratioMale, 19.9% Female, 80.1%Male, 20.3% Female, 79.7%
Race ratioBlack or African American, 8.2% Unknown, 4.7% Hispanic or Latino, 21.6% Asian, 5.4% White, 59.7% American Indian and Alaska Native, 0.4%Black or African American, 8.9% Unknown, 4.8% Hispanic or Latino, 20.2% Asian, 5.6% White, 60.1% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between bankruptcy assistant and bankruptcy paralegal duties and responsibilities

Bankruptcy assistant example responsibilities.

  • Perform UCC searches to obtain a clear insight on any liens on assets manage by the trustee.
  • Manage active caseload of labor arbitrations.
  • Monitor cases for enter relief orders and/or dismissal orders and close files upon completion.
  • Prepare and file motion for relief, proof of claims and default orders on behalf of the mortgage companies.
  • Draft and file foreclosure documents.
  • Prepare loan modification packages, filing lawsuits, coordinating foreclosure sales, reviewing bankruptcy schedules.
  • Show more

Bankruptcy paralegal example responsibilities.

  • Manage and organize all aspects of foreclosure cases coordinating document flow and logistical preparation for complex cases.
  • Manage large volume of documents, enabling attorneys to easily identify key documents that are critical for mediation and arbitration.
  • Prepare first and final probate court filings.
  • Draft pleadings, research court filings, and communicate with title companies to process real estate foreclosure proceedings.
  • Arrange service of subpoenas and summonses.
  • Initial set up and opening of files; including obtaining court documents from pacer.
  • Show more

Bankruptcy assistant vs bankruptcy paralegal skills

Common bankruptcy assistant skills
  • Pacer, 18%
  • Pleadings, 12%
  • Bankruptcy Court, 11%
  • Debtor, 11%
  • Credit Reports, 11%
  • Real Estate Brokers, 4%
Common bankruptcy paralegal skills
  • Pacer, 9%
  • Litigation, 9%
  • Debtor, 7%
  • Credit Reports, 7%
  • Law Firm, 6%
  • Bankruptcy Court, 5%